Westshore Terminals Gets a Buy Rating from RBC Capital

By Jason Carr

Westshore Terminals (TSX: WTE), the Services sector company was revisited today, and remains undervalued for at least one analyst on the street. Analyst Walter Spracklin from RBC Capital remains bullish on the stock and has a C$31 price target.

According to TipRanks.com, Spracklin is a top 100 analyst with an average return of 20.7% and a 78.4% success rate. Spracklin covers the Services sector, focusing on stocks such as Kansas City Southern, Union Pacific Corp, and Genesee & Wyoming.

Westshore Terminals has an analyst consensus of Strong Buy, with a price target consensus of C$28.25.

Westshore Terminals’ market cap is currently C$1.76B and has a P/E ratio of 16.7.

Westshore Terminals Investment Corp. operates as a holding company, which is engaged in the coal storage and loading terminal business. The company was founded on September 28, 2010 and is headquartered in Vancouver, Canada.

The company’s shares closed on Friday at C$24.36.